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Implications of the Theory of Internalization for Corporate International Finance

In: Inside the Multinationals 25th Anniversary Edition

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  • Alan M. Rugman

Abstract

Several of the concepts from corporate international finance may need to be rethought once the theory of internalization is accepted as a general theory of foreign direct investment (FDI). It can be seen that the modifications to corporate international finance theory developed in this chapter fall into a common pattern and that internalization serves to unify and integrate many of the existing areas of the field. This common pattern emerges once attention is directed towards the imperfect nature of international financial markets.

Suggested Citation

  • Alan M. Rugman, 2006. "Implications of the Theory of Internalization for Corporate International Finance," Palgrave Macmillan Books, in: Inside the Multinationals 25th Anniversary Edition, chapter 4, pages 56-70, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-62516-7_4
    DOI: 10.1057/9780230625167_4
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